1/706 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

1/706 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 234m2
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Property Details for 1/706 North Rd, Ormond

1/706 North Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 234m2. While the property is not currently for sale or for rent, it was last sold in November 1997.

Building Type
Unit
Year Built
1980
Land Size
234m2
Local Government
Glen Eira
Lot/Plan
1/RP17297

Last Listing description (April 2026)

Positioned at the front of only 4 units in the group and packed with potential, this 2-bedroom unit offers an outstanding opportunity for first home buyers, downsizers, or savvy investors alike.Set on approximately 234sqm of land, the home enjoys a rare sense of space with the added convenience of service lane access and a secure lock-up garage.Internally, youll find a spacious and light-filled living area, complemented by a functional kitchen and meals zone. The updated bathroom adds immediate comfort, while both bedrooms are well sized and feature built in robes and ceiling fans. Year-round climate control is assured with three split system units throughout the home.Outdoors, the well-maintained & private garden offers a tranquil setting with plenty of room to enjoy and entertain.Located within the prized McKinnon Secondary College zone, and close proximity to Ormond Shopping Village & train station, buses, parklands and many more. This property combines current comfort with exciting scope to modernise and add value over time.A fantastic entry into the market with endless potential, this is an opportunity not to be missed!We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 1/706 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$151,000
15 Nov 1997
  • 07 Apr 2026
    Listed for Sale $700,000 - $750,000
  • 15 Nov 1997
    Sold for $151,000
  • 13 Sep 1997
    Listed for Sale Not Disclosed
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About Ormond 3204

The size of Ormond is approximately 2.1 square kilometres. It has 4 parks covering nearly 5.4% of total area. The population of Ormond in 2016 was 8417 people. By 2021 the population was 8328 showing a population decline of 1.1% in the area during that time. The predominant age group in Ormond is 20-29 years. Households in Ormond are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ormond work in a professional occupation.In 2021, 60.90% of the homes in Ormond were owner-occupied compared with 57.70% in 2016.

Ormond has 4,734 properties. Over the last 5 years, Houses in Ormond have seen a 3.15% increase in median value, while Units have seen a -2.39% decrease. As at 31 March 2026:

  • The median value for Houses in Ormond is $1,832,619 while the median value for Units is $630,747.
  • Houses have a median rent of $900 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 239 properties were sold in the past 12 months in Ormond.

Suburb Insights for Ormond 3204

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.